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IBTimes reported BHP Billiton (NYSE:BHP) is rethinking its position on expansion as the company weighs what to do with $80 billion.
IBTimes reported BHP Billiton (NYSE:BHP) is rethinking its position on expansion as the company weighs what to do with $80 billion.
As quoted in the market news:
Early in 2011, Marius Kloppers, chief executive officer of BHP Billiton Ltd., said the company will dedicate $80 billion on new projects that include iron-ore production in Australia’s Pilbara region, the Escondida copper mine in Chile, and potash mining in Canada, among others.
BHP Billiton Ltd. is the world’s biggest coking-coal miner by volume and a top producer of copper, iron ore, nickel and silver.
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